The House passed HR 1906 which raises taxes on the rich in order to pay for getting two more Democrat votes in the form of DC and Utah. These people have to be paid, so the Dems put forth a bill to increase taxes on those making 5 million or more anually. Still to be seen what the Senate will do, and the White House is against it, but it doesnt bode well that the House is planning on raising taxes to support every notion they have.

From CQ Today: House Passes D.C. Voting Rights Bill - New York Times

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http://www.fairtax.org

Elminate all taxes on income and replace with a national sales tax.

House votes to raise taxes on people with annual incomes of 5 million dollars or more.
A total of 14 million dollars will be raised.
Under your fanciful notion of economics, does this doom the economy?

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“ The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.”

Adam Smith , The Wealth of Nations 1776

"We have always known that heedless self-interest was bad morals; we know now that it is bad economics"
FDR's second Inaugural Address

Why should they tax the rich like this. That is just class envy and using taxes to impose some sort of undue punishment.

Does the government need that much more money? Why raise the taxes if the money is not truly needed?

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Anyone ask Hillary what kind of underwear she wears, yet?

Lt. Gov Diane Denish on Bill Richardson "The governor, she said, "pinches my neck. He touches my hip, my thigh, sort of the side of my leg."

Why not? Progressive taxes are good. We've been swinging way too far towards regressive taxes.

Plus, it's not like the Democrats said, "hey, let's create a couple of new representative seats." Those seats have to be paid for somehow.

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When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears

Simple, all the congresspeople take a slight pay cut. Just like pro sports teams do, to stay under salary caps.

As for why not? Would you really be ok with being told that EMT's must pay an extra 5% annually simply because they are EMT's?

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Anyone ask Hillary what kind of underwear she wears, yet?

Lt. Gov Diane Denish on Bill Richardson "The governor, she said, "pinches my neck. He touches my hip, my thigh, sort of the side of my leg."

THATS WHAT BILL CLINTON SHOULD HAVE DONE ALL ALONG!! I dont see democrats include this bill to raise Taxes on Gasolene,Untility Bills,Booze and on cigarettes like Bill Clinton did. The Reason Gas is near $3 a gallon is BECAUSE OF GAS TAXES!!!

Shit, man, when I started as an EMT I qualified for food stamps working 50 hours/week. There wasn't anything to tax.



I'm not like a lot of people - even though I'm in school to get my MBA, and expect to (hopefully) be making a fair amount of money in the future, I'm not against being taxed on that income, if the money is being spent at least reasonably well. If I'm making $5,000,000 per year and see a 1/2 of 1% increase in taxes to pay for a Constitutionally mandated increase in the size of the house of representatives, I'd be OK with it.

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When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears

Man, why can't we create an inane post tax?

__________________
When they come a wull staun ma groon
Staun ma groon al nae be afraid
Thoughts awe hame tak awa ma fear
Sweat an bluid hide ma veil awe tears

Why cant we create a tax for just being liberal then?

Um yeah? We have a deficit in the trillions and a war costing 100s of billions every year. We need 124 BILLION for this next war appropriations bill alone. Bush refuses to put this war in the budget and keeps asking the congress for 100s of billions more all the time.

Yes, I think the government needs the money, obviously.

Unless you want to keep borrowing from the Chinese.

Your father was worried we'd all have to speak German remember?

I'm worried we'll all have to speak Chinese. Or maybe Saudi Arabic.

Ahh, so you wouldn't have liked it.



Well, then lets tax people that aren't paying taxes or cut congress's salaries. But to simply tax people simply because they are "rich" is nothing but "classism" and using taxes as punishment for success. Secondly, if you're so concerned, then send all the money that you have left over at the end of the month, to the government. Or don't cash your refund check. Do your part.

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Anyone ask Hillary what kind of underwear she wears, yet?

Lt. Gov Diane Denish on Bill Richardson "The governor, she said, "pinches my neck. He touches my hip, my thigh, sort of the side of my leg."

Why are you afraid of that? Do you hate them or something? That sounds pretty racist to me, Samantha.

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Anyone ask Hillary what kind of underwear she wears, yet?

Lt. Gov Diane Denish on Bill Richardson "The governor, she said, "pinches my neck. He touches my hip, my thigh, sort of the side of my leg."

I think learning Chinese would be pretty cool. : )

Oh! come on now, do you honestly think that is why they passed the bill?

or could it be that they have started to figure that the taxes have been too low on the super-rich?